Prateek AroraMy Neighbour Alice is a blockchain game with its own native cryptocurrency ALICE. Metaverse crypto projects were very popular in 2021, but have corrected in 2022. After opening 2022 at over $10, ALICE token has retraced to around $2 levels, now consolidating at that level.
Due to recent updates on the My Neighbor Alice project roadmap, there may be a buying opportunity at the low ALICE price today. In this guide, we review the best places to buy ALICE, the concept behind the game, the development team and potential price movements for ALICE token.
How to Buy My Neighbor Alice Token – Quick Guide
Regulated crypto platform eToro listed ALICE token on 14th June 2022. eToro is open to most countries all over the world including the USA. Follow these steps to buy ALICE on eToro:
- ✅ Step 1- Create an Account: Visit the official eToro.com website and open a free account using any device for free. Fill up the details needed for the KYC (Know Your Customer) requirements.
- 💳 Step 2- Deposit Funds: eToro allows users to deposit funds in the form of fiat currency or crypto assets. For fiat, the platform allows several payment methods like credit cards, debit cards, Paypal, e-wallet, bank transfers etc.
- 🔎 Step 3- Search for ALICE: Click on the search bar and type in the token name – My Neighbor Alice or the ticker symbol ALICE. Select the token from the results. Check the price chart and latest news on the project. When ready to buy, click on the “Trade” option.
- 🛒 Step 4- Buy ALICE: A pop-up box will appear with sections to fill in – enter the USD amount you wish to buy ALICE tokens with, and click on the “Open Trade” button to confirm your order.
Where to Buy ALICE Token – Best Crypto Exchanges
My Neighbour Alice gained much popularity and brand recognition within metaverse gaming since its launch. Many of the best crypto exchanges have listed My Neighbor Alice token to buy and trade:
1. eToro – Overall Best Platform to Buy ALICE
eToro is one of the best cryptocurrency platforms to have been introduced in the blockchain industry. The platform supports the ALICE token alongside a plethora of other major tokens that can be traded using various pairs- fiat, BTC or ETH. It also extends support for other investing categories.
Initially launched as Retail FX in 2007, eToro was founded by brothers Yoni Assia and Ronen Assia. It is an international social trading and multi-asset investment company that focuses on secure financial and copy trading services. Headquartered in Central Israel, eToro also has offices set up in The United Kingdom, The United States, Cyprus and Australia. As of January 2020, the company’s valuation exceeded $8.8 billion.
The ALICE token was listed on eToro in June 2022 along with several other tokens. With continuous growth in terms of community and infrastructure, eToro has been creating a huge user base and positive reputation as a social trading platform.
eToro isn’t limited to cryptocurrencies. In its entirety, the exchange gives its users access to over 2000 financial assets that include, stocks, indices, currencies, commodities and EFs that can be leveraged for larger profits as well. This provides users with a chance to decide and create an investing strategy for themselves without any limitations.
The platform also includes a 0% commission policy, that is also secured from any other kind of hidden charges or fees. This is, however, only for non-leveraged trades. It is strictly regulated by authorised institutional entities like CySEC, ASIC and FCA which can assure users of a safe and secure trading experience.
Moreover, the exchange has an attractive insurance policy worth 1 million euros that can be used in case of any hacking incidents or technical accidents in the future. Along with several other educational resources to guide users in their investing journey, the exchange is also famous for its paper trading feature. This feature can be used to practice trading using dummy money to be able to take real profitable positions in the future.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
2. Coinbase – USA Exchange With 100+ Cryptos
Coinbase can be described as an original cryptocurrency organization that has contributed heavily to the growth of the sector.
Founded in 2012 by Brian Armstrong following an investment from Y Combinator, the exchange went live the same year in November with an option to buy or sell Bitcoin through bank transfers. Since then, the exchange has grown tremendously and gained the trust of users all across the world.
The ALICE token was listed on Coinbase in February this year alongside 100+ top tradeable cryptocurrencies. Coinbase is a secure online platform for buying, selling, storing, and transferring digital assets. Investor funds are kept in cold storage.
The company states that its mission is to create an open financial system for the world while being the leading global brand in helping people convert digital currency into and out of their local currency with ease.
With no physical headquarters, Coinbase functions as a remote-first company. But this hasn’t stopped the organization from expanding, with its exchange wallet being actively used in over 190 countries currently. It is also the first major cryptocurrency company to get listed on the NASDAQ. In the filing to go public, Coinbase declared to consist of more than 43 million users, 115,000 ecosystem partners and 7000+ institutions within 100 countries.
The price of ALICE had seen tremendous growth during Coinbase listing, thanks to its massive userbase and active social media presence. Additionally, the exchange is considered to be extremely secure, with its funds stored in FDIC secured accounts. It carries a crime insurance policy that protects a portion of cryptocurrencies held across their storage systems against losses from theft, including cybersecurity breaches or other similar accidents.
Coinbase has advanced trading support for the ALICE token in its pro version. However, the developers have announced that these features will be moved back into the main Coinbase platform sometime this year.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
3. Binance – Highest Volume Crypto Exchange
Binance is one of the most popular cryptocurrency exchanges in the world. ALICE is available in six trading pairs within the exchange. They include ALICE/USDT, ALICE/BUSD,ALICE/BTC, ALICE/BNB, ALICE/TRY and ALICE/BIDR. Binance listed ALICE on its platform in March 2021 among 600+ tradeable cryptocurrencies.
The company was founded in 2017 by Changpeng Zhao, one of the most influential figureheads in the crypto industry currently. It is also the biggest exchange in the world in terms of daily volume exchange. The exchange features two major categories; Binance and Binance US.
The latter is available for U.S residents and has a comparatively smaller choice of cryptocurrency tokens. It is headquartered in the Cayman Islands. While the company was previously based in China, it had to relocate as the Chinese government banned cryptocurrencies followed by several other strict policies for exchange operations.
Day trading ALICE on Binance can also be a good idea since it provides a much more competitive fee structure than its counterparts. The commission fee can be further reduced by paying with BNB, the native token of the platform.
Binance has a Secured Asset Fund for Users (SAFU) as an emergency insurance fund to protect users’ assets in case of an accident or cyberattack. The team had previously committed a part of the transaction fee levied to create this fund way back in 2018.
Binance is one of the few platforms that, contrary to several other exchanges, hired a decent number of employees amidst the current bearish market. Currently, the exchange is used by 30 million active users and is spread over 180 countries.
It also provides several benefits and features like staking, dual investments, perpetual futures pairs (to margin trade), swap farming, futures, and many more. Big VC firms like Vertex Ventures China, Funcity Capital and Blackhole Capital have invested in the growth of the company.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
What is My Neighbour Alice (ALICE)?
Launched by Antler Interactive in 2021, My Neighbour Alice is a P2E builder game that is farm-themed. The game is built on Chromia and is a place where players can buy, own or rent virtual lands while collecting and building items. It is also a social gaming platform that enhances the quality of communication between players.
My Neighbour Alice claims that the game is an effort to bridge the gap between the blockchain industry and the traditional gaming industry. The team claims that while the game does have NFT and DeFi features as part of the experience, it is not needed for the players to be in the know about those concepts at all or be familiar with crypto games. In the game, Alice is a relatable character who can be considered a friend.
This character takes players along the journey, teaching them about the various concepts and functions of blockchain tech that have been pre-integrated into the game if the player is curious to explore that part of the ecosystem.
Land can be bought with NFT tokens, and players can decorate them with in-game items like houses, lakes, decorations, animals, plants, and more. Each player represents himself or herself through their avatar, which can be customized with items purchased in-game.
All of those can be traded through the marketplace or other blockchain marketplaces. Additionally, players can earn reputation by completing quests and activities. On the game’s decentralized forum, players can discuss community-created events and work together on shared quests.
Is ALICE a Good Investment?
ALICE is the native token of the game ecosystem. The growth of ALICE is more or less directly proportional to the growth of the game. This may, however, not be the case if there is some external catalyst for growth
The token is used to buy land or other assets on the platform, and to carry out decision-making within the ecosystem. Thus, as blockchain games grow in popularity, one of the major projects that will rise in demand can be My Neighbour Alice. This would mean a considerable price increase for ALICE. So, it can be a great token to have in your portfolio if you are looking to HODL for a longer period.
ALICE Token Price
The price of ALICE at the time of writing is in the $2.3 range. The market cap stands at around $73 million and has a circulating token supply of $30.6 million.
The My Neighbor Alice price has crash since November after it reached its all-time high at around $28.44. That was a couple of days after BTC had hit its all-time high at over $69,000.
ALICE Price Prediction
ALICE, though not completely following the pattern of Bitcoin, has still managed to make substantial moves whenever BTC rose in price. However, it also suffered during the 2022 crypto market conditions. Since the market trended down, the price of ALICE also lost more than 84% of its value.
Currently trading at around $2.20 – $2.40, the token is likely to consolidate for some more time before making any major moves.
But as the game becomes more popular and there is an inflow of players, the demand for these NFT tokens is likely to see a steady increase as players will wish to buy or sell land or in-game items more actively. This, however, may take a considerable amount of time. Thus, holding for a longer time could potentially see decent profits.
See our recent ALICE price forecast articles:
Best Ways to Buy ALICE
Three very common and easy ways to buy Alice are:-
Buy ALICE with a Debit/Credit Card
Debit cards or credit cards can be an easy, but costly way to buy ALICE. Some exchanges like Crypto.com and Coinbase charge high fees when purchased using cards.
Buy ALICE with Paypal
eToro is an excellent choice for buying ALICE tokens via Paypal. It is one of the few companies that provide this option.
Buy ALICE Without ID
Some exchanges like Bybit allow users to buy tokens without verifying. However, there is generally a limit for depositing or withdrawing assets. But these limits are usually as high as 2 BTC which is pretty high. So one can easily make use of such a service to buy ALICE.
Best Wallet for ALICE
As mentioned above, eToro can be an amazing option for beginners to store their ALICE tokens safely.
The exchange wallet is easily accessible to you and helps you avoid the hassle of using a hardware wallet. It has several other tokens for you to choose from and buy too.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
Where to Buy ALICE Token – Detailed Guide
Read ahead as we present you the 5 steps in which you could buy ALICE token at a low fee on the eToro platform.
You can follow the same steps on any other exchange too.
Step 1 – Open an eToro Account
Here, you have to visit the official website of eToro and click on ‘Start Investing’. Once you do that you’ll have to fill up a sign-in form with information such as User name, Email ID and password.
Step 2 – Complete KYC
As eToro is a regulated platform, it requires investors to complete the KYC formalities. You need to upload the valid ID proof as mentioned by eToro.
Step 3 – Deposit Money
Once the documents are accepted, you are free to buy crypto by depositing money. There are no depositing charges and the minimum deposit is $10. It may vary depending on the country you’re in.
Step 4 – Search for ALICE
Now go to the search bar and type ‘ALICE’. You would see the ‘Trade’ option, click on it to proceed ahead.
Step 5 – Buy ALICE
At last, all you have to do is tell eToro how many ALICE token you’d like to buy.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
Conclusion
Cryptocurrencies can be highly volatile and can move in unpredictable ways. It can be a smart idea to invest in the ALICE token by dollar cost averaging (DCA) to have a lower average buying price. But it might not be a good idea to invest all the sum at once when the market conditions are unpredictable.
We suggest choosing eToro as it is regulated by many leading authorities such as FCA, ASIC and CySEC.
eToro - Regulated Crypto Platform
- Copy Trading Tools - 30.4% ROI Last Year
- Free Demo Account, Crypto Wallet
- Open to US & Worldwide - Accepts Paypal
- Staking Rewards, Educational Courses
FAQs
What is My Neighbour Alice’s contract address?
Is ALICE on Crypto.com?
Is ALICE on Binance?
Is ALICE on Coinbase?
This article was written for Business 2 Community by Prateek Arora.
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